#SoftStakimg
What are the similarities between earning interest on held cryptocurrency and Alipay's Yu'e Bao and WeChat's Wallet?
1. The concept of "idle money earning interest":
All three allow users to earn money simply by leaving their "idle funds" without complicated operations.
Yu'e Bao and Wallet allow RMB deposits to earn interest, while earning interest on held cryptocurrency allows cryptocurrencies to generate returns, with the core idea being "low-threshold wealth management".
2. Flexibility:
All support deposits and withdrawals at any time, with strong liquidity. Yu'e Bao and Wallet can be consumed or transferred at any time, and the cryptocurrency earning interest can also be traded or withdrawn at any time.
3. Low-risk positioning:
Yu'e Bao and Wallet invest in money market funds (MMF), which have low risk; earning interest on held cryptocurrency mainly relies on mechanisms such as staking, which also carries lower risk (but higher than traditional financial products).
4. Platform endorsement:
Yu'e Bao is backed by Ant Group (Alipay), Wallet is backed by Tencent, and earning interest on held cryptocurrency is backed by Binance, all three have strong platform credit guarantees.
5. Designed for ordinary users:
All are designed to be simple and easy to use, suitable for "lazy" users who do not want to study finance in depth.
Do you understand? 😉